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Vehicle Ownership

Owning a Vehicle

No matter how many vehicles you have owned before, that feeling of driving away in your ‘new’ motor vehicle is, for most, a bit of a thrill.

But first timer or not, there are some essential considerations when acquiring that important material possession.

1. Associated Expenses

Motor Vehicle Insurance is compulsory, so you will need to budget for vehicle coverage. Check our Purchasing Insurance section for more specific guidance in this area.

Regular Servicing is a must if you want the best service from your vehicle. If you are not sure, ask the dealer or your chosen repair shop to guide you on frequency and basis e.g. after so many thousand kilometres or every three months. Make diary notes if necessary or have your garage call/text you with reminders. Believe me, the time goes by quickly.

If you plan to purchase the vehicle with a loan from a bank or other institution, remember that these monthly repayments are a new expense to your budget. You should shop around to find a financial institution that will give the most flexible terms at the cheapest interest rate.

Ask about or surf the net to determine the gas consumption rate of your proposed vehicle and multiply that by your intended weekly travelling. A gas guzzler might just break your bank!

2. Things to check before purchase! 

a. Ensure that the engine and chassis numbers on the relevant documents agree with the engine and chassis numbers on the vehicle.

b. Ensure that there is a title for the vehicle to be purchased

c. If in doubt, you can check with your Motor Vehicle Registry office.

3. Legal Matters

There are laws governing your ownership and use of your vehicle on the roads. Be sure to familiarize yourself with the requirements before you set off on that first journey.

Regulations under the Road Traffic Act require that any Motor vehicle or trailer be registered and licenced before it is used on any public road.

Documents required to support the registration and licensing process are as follows:

a. Certificate of Fitness

b. Certificate of Insurance

c. Invoice from Motor Car Dealer/Customs Entry Document

d. Identification, eg. National ID, Passport or Driver's License

e. Taxpayer Registration

f. Where vehicle is imported by an individual – a copy of the import license is required.

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